2021 Ontario Income Tax Calculator
Calculate your take-home pay after tax.
Your Results
Yearly Salary
Total Income
$118,800.00
Salary
$118,800.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$35,304.70
Federal Tax
$19,931.85
Provincial Tax
$11,316.86
CPP Contributions
$3,166.45
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$889.54
Net Pay
$83,495.30
Marginal Tax Rate
43.41%
Average Tax Rate
26.3%
Comprehensive Deduction Rate
29.72%
Monthly Salary
Total Income
$9,900.00
Salary
$9,900.00
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$2,942.06
Federal Tax
$1,660.99
Provincial Tax
$943.07
CPP Contributions
$263.87
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$74.13
Net Pay
$6,957.94
Marginal Tax Rate
43.41%
Average Tax Rate
26.3%
Comprehensive Deduction Rate
29.72%
Biweekly Salary
Total Income
$4,569.23
Salary
$4,569.23
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$1,357.87
Federal Tax
$766.61
Provincial Tax
$435.26
CPP Contributions
$121.79
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$34.21
Net Pay
$3,211.36
Marginal Tax Rate
43.41%
Average Tax Rate
26.3%
Comprehensive Deduction Rate
29.72%
Weekly Salary
Total Income
$2,284.62
Salary
$2,284.62
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$678.94
Federal Tax
$383.30
Provincial Tax
$217.63
CPP Contributions
$60.89
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$17.11
Net Pay
$1,605.68
Marginal Tax Rate
43.41%
Average Tax Rate
26.3%
Comprehensive Deduction Rate
29.72%
Daily Salary
Total Income
$456.92
Salary
$456.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$135.79
Federal Tax
$76.66
Provincial Tax
$43.53
CPP Contributions
$12.18
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$3.42
Net Pay
$321.14
Marginal Tax Rate
43.41%
Average Tax Rate
26.3%
Comprehensive Deduction Rate
29.72%
Hourly Salary
Total Income
$60.92
Salary
$60.92
Bonus
$0.00
Commission
$0.00
Pension Income
$0.00
Taxable Benefit
$0.00
RRSP
$0.00
Total Deductions
$18.10
Federal Tax
$10.22
Provincial Tax
$5.80
CPP Contributions
$1.62
QPP Contributions
$0.00
QPIP Premiums
$0.00
EI Premiums
$0.46
Net Pay
$42.82
Marginal Tax Rate
43.41%
Average Tax Rate
26.3%
Comprehensive Deduction Rate
29.72%
Federal and Provincial/Territorial Tax Brackets
Your taxable income in the following tax brackets.
| Federal Tax Bracket | Federal Tax Rates |
|---|---|
| $49,020.00 or less | 15% |
| $49,020.00 - $98,039.99 | 20.5% |
| $98,040.00 - $151,977.99 | 26% |
| $151,978.00 - $216,510.99 | 29% |
| More than $216,511.00 | 33% |
| Ontario Tax Bracket | Ontario Tax Rates |
|---|---|
| $45,142.00 or less | 5.05% |
| $45,142.00 - $90,286.99 | 9.15% |
| $90,287.00 - $149,999.99 | 11.16% |
| $150,000.00 - $219,999.99 | 12.16% |
| More than $220,000.00 | 13.16% |
Annual Income Tax by Province/Territory
Total Income
$118,800.00
Total Deductions
$30,586.92
Net Pay
$88,213.08
Average Tax Rate
22.33%
Comprehensive Deduction Rate
25.75%
Total Income
$118,800.00
Total Deductions
$32,577.07
Net Pay
$86,222.93
Average Tax Rate
24.01%
Comprehensive Deduction Rate
27.42%
Total Income
$118,800.00
Total Deductions
$32,641.07
Net Pay
$86,158.93
Average Tax Rate
24.06%
Comprehensive Deduction Rate
27.48%
Total Income
$118,800.00
Total Deductions
$32,947.80
Net Pay
$85,852.20
Average Tax Rate
24.32%
Comprehensive Deduction Rate
27.73%
Total Income
$118,800.00
Total Deductions
$33,525.34
Net Pay
$85,274.66
Average Tax Rate
24.81%
Comprehensive Deduction Rate
28.22%
Total Income
$118,800.00
Total Deductions
$35,304.70
Net Pay
$83,495.30
Average Tax Rate
26.3%
Comprehensive Deduction Rate
29.72%
Total Income
$118,800.00
Total Deductions
$35,794.33
Net Pay
$83,005.67
Average Tax Rate
26.72%
Comprehensive Deduction Rate
30.13%
Total Income
$118,800.00
Total Deductions
$38,376.74
Net Pay
$80,423.26
Average Tax Rate
28.89%
Comprehensive Deduction Rate
32.3%
Total Income
$118,800.00
Total Deductions
$38,495.32
Net Pay
$80,304.68
Average Tax Rate
28.99%
Comprehensive Deduction Rate
32.4%
Total Income
$118,800.00
Total Deductions
$39,100.90
Net Pay
$79,699.10
Average Tax Rate
29.5%
Comprehensive Deduction Rate
32.91%
Total Income
$118,800.00
Total Deductions
$39,544.86
Net Pay
$79,255.14
Average Tax Rate
29.87%
Comprehensive Deduction Rate
33.29%
Total Income
$118,800.00
Total Deductions
$40,062.84
Net Pay
$78,737.16
Average Tax Rate
30.31%
Comprehensive Deduction Rate
33.72%
Total Income
$118,800.00
Total Deductions
$41,239.13
Net Pay
$77,560.87
Average Tax Rate
30.91%
Comprehensive Deduction Rate
34.71%
| Region | Total Income | Total Deductions | Net Pay | Avg. Tax Rate | Comp. Deduction Rate |
|---|---|---|---|---|---|
| Nunavut | $118,800.00 | $30,586.92 | $88,213.08 | 22.33% | 25.75% |
| Yukon | $118,800.00 | $32,577.07 | $86,222.93 | 24.01% | 27.42% |
| British Columbia | $118,800.00 | $32,641.07 | $86,158.93 | 24.06% | 27.48% |
| Northwest Territories | $118,800.00 | $32,947.80 | $85,852.20 | 24.32% | 27.73% |
| Alberta | $118,800.00 | $33,525.34 | $85,274.66 | 24.81% | 28.22% |
| Ontario | $118,800.00 | $35,304.70 | $83,495.30 | 26.3% | 29.72% |
| Saskatchewan | $118,800.00 | $35,794.33 | $83,005.67 | 26.72% | 30.13% |
| Newfoundland and Labrador | $118,800.00 | $38,376.74 | $80,423.26 | 28.89% | 32.3% |
| New Brunswick | $118,800.00 | $38,495.32 | $80,304.68 | 28.99% | 32.4% |
| Manitoba | $118,800.00 | $39,100.90 | $79,699.10 | 29.5% | 32.91% |
| Prince Edward Island | $118,800.00 | $39,544.86 | $79,255.14 | 29.87% | 33.29% |
| Nova Scotia | $118,800.00 | $40,062.84 | $78,737.16 | 30.31% | 33.72% |
| Quebec | $118,800.00 | $41,239.13 | $77,560.87 | 30.91% | 34.71% |
This tool was designed for approximation purposes only and should not be used to replace legal or accounting authority. For the purpose of simplifying the process, a number of variables have been assumed to calculate the figures included on this page. The results of this calculator should not be relied upon for determining career and/or tax decisions.
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